World stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would remain “patient” in its approach to raising interest rates.KEEPING SCORE: France’s CAC 40 jumped 2.2 percent to 4,200.83 and Germany’s DAX surged 1.9 percent to 9,727.83. Britain’s FTSE 100 added 0.7 percent to 6,383.25. Wall Street was poised to extend Wednesday’s gains. Dow futures climbed 0.8 percent to 17,423 and S&P 500 futures rose 0.8 percent to 2,024.60.FED SPEAK: The world’s most powerful central bank is edging closer to raising interest rates from record lows given a strengthening …read more
Source: The Jakarta Post
